Is Cassius Mining Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Cassius Mining Ltd (CMD.AX) is currently classified as DOUBTFUL as of July 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Cassius Mining Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Cassius Mining Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Cassius Mining Ltd?

Muslim investors may consider investing in Cassius Mining Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Cassius Mining Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Cassius Mining Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Cassius Mining Ltd updated?

The Shariah compliance status of Cassius Mining Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Cassius Mining Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Cassius Mining Ltd?

You can check the latest Shariah compliance status of Cassius Mining Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

CMD.AX Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Cassius Mining Ltd. Stock Analysis CMD.AX

Australia Materials Nano Cap Report: Q2, 2025

Cassius Mining Ltd. engages in mining and mineral exploration. The company is headquartered in Sydney, New South Wales. The company went IPO on 2006-08-10. Its projects include Soalara Project, Chenene Project, and Bolgatanga Project. The Soalara project is located immediately south of St Augustin where the Onilahy River enters the Mozambique Channel. The Soalara deposit includes a horizontal sequence of bedded Eocene limestones of approximately 80 meters thickness, overburden free. The Chenene Lithium Project consists of four contiguous Lithium exploration licenses total area of approximately 300 square kilometers (km2) in central Tanzania, approximately 40 kilometers (kms) N of the capital city Dodoma, accessible by major road and less affected by the annual wet season than areas further south. The Gbane Project lies within the Talensi District of the Upper East region in northeastern Ghana. The Company’s large scale prospecting license covers an approximately 13.791 square kilometers area.

Key Statistics of Cassius Mining Ltd (CMD.AX)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

AUD0.04AUD0.04

Today's Open

AUD0.04

Volume

2804.00

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.05

Market Cap

25.09M

Avg. Volume

92.70K

Dividend Yield

Financial Metrics & Statements of Cassius Mining Ltd (CMD.AX)

FAQ's for Cassius Mining Ltd (CMD.AX)

According to Musaffa’s Shariah screening methodology, Cassius Mining Ltd (CMD.AX) is currently classified as DOUBTFUL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.